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Trump says Xi called him to talk about tariffs
Trump says Xi called him to talk about tariffs
By admin on April 27, 2025 |
Business
- Business
U.S. President Donald Trump said his administration is in discussions with China to finalize a tariff agreement and that he received a call from Chinese...
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China grants some US tariff exemptions to ease trade war strain
China grants some US tariff exemptions to ease trade war strain
By admin on April 27, 2025 |
Business
- Business
China is allowing certain U.S. imports to be exempt from its 125% tariffs and is urging companies to determine which goods might qualify, according to...
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Türkiye says committed to advancing strategic partnership with US
Türkiye says committed to advancing strategic partnership with US
By admin on April 27, 2025 |
Business
- Business
Treasury and Finance Minister Mehmet Şimşek on Thursday said Türkiye was committed to advancing its strategic partnership with the United States in all fields. Şimşek's...
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Turkish central bank reaffirms tight stance after April rate hike
Turkish central bank reaffirms tight stance after April rate hike
By admin on April 27, 2025 |
Business
- Business
The Turkish central bank said on Friday that it will maintain its tight monetary stance until inflation shows a sustained decline, following its surprise decision...
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Türkiye slaps fines amid calls to counter ‘earthquake profiteering’
Türkiye slaps fines amid calls to counter ‘earthquake profiteering’
By admin on April 27, 2025 |
Business
- Business
The Trade Ministry on Friday said it had imposed fines over hikes of rental and sales prices in real estate following this week's earthquake in...
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Türkiye’s biggest lender Ziraat Bank secures $1.75B syndicated loan
Türkiye’s biggest lender Ziraat Bank secures $1.75B syndicated loan
By admin on April 27, 2025 |
Business
- Business
Türkiye's biggest bank on Thursday said it had secured a sustainability-themed syndicated loan totalling $1.75 billion (TL 67.24 billion), in two tranches of $850 million...
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Japan’s PM to visit Vietnam, Philippines to talk tariff concerns
Japan’s PM to visit Vietnam, Philippines to talk tariff concerns
By admin on April 27, 2025 |
Business
- Business
Japanese Prime Minister Shigeru Ishiba departed Sunday for a four-day trip to Vietnam and the Philippines, as Tokyo aims to shore up regional ties after...
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Businesses run into wall of uncertainty amid Trump’s trade war
Businesses run into wall of uncertainty amid Trump’s trade war
By admin on April 27, 2025 |
Business
- Business
Businesses across multiple industries, including some of the world's largest conglomerates, are feeling the pinch of escalating tensions and trade war brought on by U.S....
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Türkiye eyes boosting trade with US amid ‘constructive’ talks
Türkiye eyes boosting trade with US amid ‘constructive’ talks
By admin on April 27, 2025 |
Business
- Business
Türkiye expects a surge in trade with the U.S., a top economy official said Saturday, following recent talks with American counterparts in the wake of...
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Screens, massage, eVTOLs: Shanghai show parades future of cars
Screens, massage, eVTOLs: Shanghai show parades future of cars
By admin on April 27, 2025 |
Business
- Business
At the immense Auto Shanghai industry show this week, all the chatter was less about powerful engines and more about cutting-edge technology equipping the latest...
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Turkish Borusan sells its logistics firm to French giant for $440M
Turkish Borusan sells its logistics firm to French giant for $440M
By admin on April 27, 2025 |
Business
- Business
Turkish conglomerate Borusan Holding said Saturday it sold its logistics and supply chain solutions firm to French shipping giant CMA CGM for $440 million. Borusan...
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Trump calls for ‘free’ passage for US ships in Panama, Suez canals
Trump calls for ‘free’ passage for US ships in Panama, Suez canals
By admin on April 27, 2025 |
Business
- Business
U.S. President Donald Trump called on Saturday for "free" transit for American commercial and military ships passing through the Panama and Suez canals, two of...
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Türkiye foresees securing $41B in project financing over 3 years: Şimşek
Türkiye foresees securing $41B in project financing over 3 years: Şimşek
By admin on April 27, 2025 |
Business
- Business
Türkiye foresees securing approximately $41 billion in long-term and low-cost project financing from international institutions over a three-year period, according to Treasury and Finance Minister...
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AI, cloud security fuel surge in cybersecurity investments
AI, cloud security fuel surge in cybersecurity investments
By admin on April 27, 2025 |
Business
- Business
The acceleration of digital transformation and the rising frequency of global cyber threats have turned cybersecurity ventures into a prime focus for investors. Data from...
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International institutions convinced to bet big on Turkish startups
International institutions convinced to bet big on Turkish startups
By admin on April 27, 2025 |
Business
- Business
Revo, a venture capital fund, has successfully convinced its cornerstone investors from Fund II, namely the International Finance Corporation (IFC), the European Bank for Reconstruction...
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Billions pour into AI agents as market heads toward nearly $50B valuation
Billions pour into AI agents as market heads toward nearly $50B valuation
By admin on April 27, 2025 |
Business
- Business
The artificial intelligence agent market is poised for explosive growth. Its value is predicted to soar from $5.1 billion in 2024 to a staggering $47.1...
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Turkish software developers could bridge East and West
Turkish software developers could bridge East and West
By admin on April 27, 2025 |
Business
- Business
Türkiye has a unique opportunity to invest in a hybrid talent pool, which could strategically position it within both Western and Eastern technology ecosystems. The...
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Gazprom to substantially boost TurkStream gas supplies from April
Gazprom to substantially boost TurkStream gas supplies from April
By admin on April 27, 2025 |
Business
- Business
Russia's state-run energy giant Gazprom will significantly increase gas supplies to Slovakia via the TurkStream pipeline, which transports Russian gas to Europe via Türkiye, starting...
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Trump, ‘pissed off’ at Putin, threatens tariffs on Russian oil
Trump, ‘pissed off’ at Putin, threatens tariffs on Russian oil
By admin on April 27, 2025 |
Business
- Business
U.S. President Donald Trump said on Sunday he was "pissed off" at Russian President Vladimir Putin and warned that he would impose secondary tariffs of...
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Russia tightens restrictions on Black Sea oil export ports
Russia tightens restrictions on Black Sea oil export ports
By admin on April 27, 2025 |
Business
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Russia, the world's second-largest oil exporter, tightened restrictions on its oil exports on Wednesday by suspending operations at a mooring in the Black Sea port...
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Visit Malaysia 2026 campaign launched in Istanbul
Visit Malaysia 2026 campaign launched in Istanbul
By admin on April 27, 2025 |
Business
- Business
Malaysia on Friday unveiled a campaign that it seeks to rely on to help the Southeast Asian nation attract more tourists from around the world....
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Taste of Maraş: Turkish Airlines to promote iconic ice cream onboard
Taste of Maraş: Turkish Airlines to promote iconic ice cream onboard
By admin on April 27, 2025 |
Business
- Business
Türkiye's flag carrier Turkish Airlines (THY), as part of its promotional activities, is set to introduce the cultural richness of the city of Kahramanmaraş, including...
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Domestic tourism spending in Türkiye surged over 80% in 2024
Domestic tourism spending in Türkiye surged over 80% in 2024
By admin on April 27, 2025 |
Business
- Business
Spending on domestic tourism in Türkiye surged by 82.5% in 2024 compared to the previous year, official data showed on Tuesday, as domestic travel remained...
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Cappadocia hosts nearly 5M tourists on balloon tours in decade
Cappadocia hosts nearly 5M tourists on balloon tours in decade
By admin on April 27, 2025 |
Business
- Business
Türkiye's Cappadocia region, considered the global center of hot air balloon rides, welcomed nearly 5 million tourists on balloon tours over the past decade. Some...
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How Türkiye drone boom propelled Bayraktar brothers to taxpayer glory
How Türkiye drone boom propelled Bayraktar brothers to taxpayer glory
By admin on April 14, 2025 |
Business
- Business
Baykar’s meteoric rise in global drone exports has propelled Selçuk and Haluk Bayraktar to cement their title of the nation’s top taxpayers in 2023. Renowned...
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Posts tagged as “international finance corporation”

IFC invested over $20B in Turkish private sector in past decade

People walk on a bridge backdropped by the Süleymaniye Mosque in Istanbul, Türkiye, Feb. 21, 2024. (EPA Photo)

IFC invested over $20B in Turkish private sector in past decade

By admin on March 8, 2024

The International Finance Corporation (IFC), a member of the World Bank Group, has invested over $20 billion in the private sector in Türkiye in the…